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Academy Sports & Outdoors, Inc.（ASO）与普尔斯马特（PSMT）财务数据对比。点击上方公司名可切换其他公司
Academy Sports & Outdoors, Inc.的季度营收约是普尔斯马特的1.0倍（$1.4B vs $1.4B），Academy Sports & Outdoors, Inc.净利率更高（5.2% vs 2.9%，领先2.3%），普尔斯马特同比增速更快（9.9% vs 3.0%），普尔斯马特自由现金流更多（$32.6M vs $-13.6M），过去两年普尔斯马特的营收复合增速更高（3.5% vs -12.2%）
Academy Sports & Outdoors是美国知名的运动户外用品连锁零售商，总部位于得克萨斯州哈里斯县，临近休斯顿。品牌曾由戈奇曼家族私有运营74年，2011年被私募机构KKR收购，2020年10月于纳斯达克挂牌上市，旗下门店主营各类运动装备、户外休闲用品等品类。
PriceSmart（普尔斯马特）是一家美资会员制仓储商超运营商，业务覆盖中美洲、加勒比地区及南美洲。公司由Price Club的创立者索尔·普莱斯与罗伯特·普莱斯共同创办，罗伯特·普莱斯现任董事会主席。
ASO vs PSMT — 直观对比
营收规模更大
ASO
是对方的1.0倍
$1.4B
营收增速更快
PSMT
高出6.9%
3.0%
净利率更高
ASO
高出2.3%
2.9%
自由现金流更多
PSMT
多$46.2M
$-13.6M
两年增速更快
PSMT
近两年复合增速
-12.2%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.4B |
| 净利润 | $71.6M | $40.2M |
| 毛利率 | 35.7% | 17.7% |
| 营业利润率 | 7.3% | 4.6% |
| 净利率 | 5.2% | 2.9% |
| 营收同比 | 3.0% | 9.9% |
| 净利润同比 | 8.8% | 7.3% |
| 每股收益（稀释后） | $1.05 | $1.29 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ASOPSMT
| Q4 25 | $1.4B | $1.4B | ||
| Q3 25 | $1.6B | $1.3B | ||
| Q2 25 | $1.4B | $1.3B | ||
| Q1 25 | $1.7B | $1.4B | ||
| Q4 24 | $1.3B | $1.3B | ||
| Q3 24 | $1.5B | $1.2B | ||
| Q2 24 | $1.4B | $1.2B | ||
| Q1 24 | $1.8B | $1.3B |
净利润ASOPSMT
| Q4 25 | $71.6M | $40.2M | ||
| Q3 25 | $125.4M | $31.5M | ||
| Q2 25 | $46.1M | $35.2M | ||
| Q1 25 | $133.6M | $43.8M | ||
| Q4 24 | $65.8M | $37.4M | ||
| Q3 24 | $142.6M | $29.1M | ||
| Q2 24 | $76.5M | $32.5M | ||
| Q1 24 | $168.2M | $39.3M |
毛利率ASOPSMT
| Q4 25 | 35.7% | 17.7% | ||
| Q3 25 | 36.0% | — | ||
| Q2 25 | 34.0% | — | ||
| Q1 25 | 32.2% | 17.1% | ||
| Q4 24 | 34.0% | 17.4% | ||
| Q3 24 | 36.1% | — | ||
| Q2 24 | 33.4% | — | ||
| Q1 24 | 33.3% | — |
营业利润率ASOPSMT
| Q4 25 | 7.3% | 4.6% | ||
| Q3 25 | 10.8% | 4.0% | ||
| Q2 25 | 5.1% | 4.3% | ||
| Q1 25 | 9.2% | 4.8% | ||
| Q4 24 | 6.8% | 4.6% | ||
| Q3 24 | 12.3% | 4.0% | ||
| Q2 24 | 7.5% | 4.1% | ||
| Q1 24 | 11.4% | 4.9% |
净利率ASOPSMT
| Q4 25 | 5.2% | 2.9% | ||
| Q3 25 | 7.8% | 2.4% | ||
| Q2 25 | 3.4% | 2.7% | ||
| Q1 25 | 8.0% | 3.2% | ||
| Q4 24 | 4.9% | 3.0% | ||
| Q3 24 | 9.2% | 2.4% | ||
| Q2 24 | 5.6% | 2.6% | ||
| Q1 24 | 9.4% | 3.0% |
每股收益（稀释后）ASOPSMT
| Q4 25 | $1.05 | $1.29 | ||
| Q3 25 | $1.85 | $1.02 | ||
| Q2 25 | $0.68 | $1.14 | ||
| Q1 25 | $1.85 | $1.45 | ||
| Q4 24 | $0.92 | $1.21 | ||
| Q3 24 | $1.95 | $0.94 | ||
| Q2 24 | $1.01 | $1.08 | ||
| Q1 24 | $2.19 | $1.31 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $289.5M | $320.6M |
| 总债务越低越好 | — | $180.3M |
| 股东权益账面价值 | $2.1B | $1.3B |
| 总资产 | $5.4B | $2.4B |
| 负债/权益比越低杠杆越低 | — | 0.14× |
8季度趋势，按日历期对齐
现金及短期投资ASOPSMT
| Q4 25 | $289.5M | $320.6M | ||
| Q3 25 | $300.9M | $314.2M | ||
| Q2 25 | $285.1M | $262.4M | ||
| Q1 25 | $288.9M | $247.3M | ||
| Q4 24 | $296.0M | $222.2M | ||
| Q3 24 | $324.6M | $225.5M | ||
| Q2 24 | $378.1M | $228.2M | ||
| Q1 24 | $347.9M | $264.2M |
总债务ASOPSMT
| Q4 25 | — | $180.3M | ||
| Q3 25 | — | $186.6M | ||
| Q2 25 | — | $103.1M | ||
| Q1 25 | — | $107.1M | ||
| Q4 24 | — | $115.6M | ||
| Q3 24 | — | $130.4M | ||
| Q2 24 | — | $135.1M | ||
| Q1 24 | — | $140.0M |
股东权益ASOPSMT
| Q4 25 | $2.1B | $1.3B | ||
| Q3 25 | $2.1B | $1.2B | ||
| Q2 25 | $1.9B | $1.2B | ||
| Q1 25 | $2.0B | $1.2B | ||
| Q4 24 | $2.0B | $1.2B | ||
| Q3 24 | $2.0B | $1.1B | ||
| Q2 24 | $1.9B | $1.1B | ||
| Q1 24 | $2.0B | $1.1B |
总资产ASOPSMT
| Q4 25 | $5.4B | $2.4B | ||
| Q3 25 | $5.3B | $2.3B | ||
| Q2 25 | $5.2B | $2.1B | ||
| Q1 25 | $4.9B | $2.1B | ||
| Q4 24 | $5.1B | $2.1B | ||
| Q3 24 | $4.9B | $2.0B | ||
| Q2 24 | $4.9B | $2.0B | ||
| Q1 24 | $4.7B | $2.0B |
负债/权益比ASOPSMT
| Q4 25 | — | 0.14× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.08× | ||
| Q1 25 | — | 0.09× | ||
| Q4 24 | — | 0.10× | ||
| Q3 24 | — | 0.12× | ||
| Q2 24 | — | 0.12× | ||
| Q1 24 | — | 0.13× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $49.0M | $71.2M |
| 自由现金流经营现金流 - 资本支出 | $-13.6M | $32.6M |
| 自由现金流率自由现金流/营收 | -1.0% | 2.4% |
| 资本支出强度资本支出/营收 | 4.5% | 2.8% |
| 现金转化率经营现金流/净利润 | 0.68× | 1.77× |
| 过去12个月自由现金流最近4个季度 | $191.4M | $125.5M |
8季度趋势，按日历期对齐
经营现金流ASOPSMT
| Q4 25 | $49.0M | $71.2M | ||
| Q3 25 | $78.6M | $82.1M | ||
| Q2 25 | $157.5M | $52.8M | ||
| Q1 25 | $140.2M | $87.9M | ||
| Q4 24 | $96.9M | $38.5M | ||
| Q3 24 | $91.3M | $41.8M | ||
| Q2 24 | $199.7M | $38.1M | ||
| Q1 24 | $234.7M | $86.6M |
自由现金流ASOPSMT
| Q4 25 | $-13.6M | $32.6M | ||
| Q3 25 | $21.8M | $25.6M | ||
| Q2 25 | $106.6M | $14.0M | ||
| Q1 25 | $76.4M | $53.2M | ||
| Q4 24 | $34.4M | $10.3M | ||
| Q3 24 | $50.1M | $15.2M | ||
| Q2 24 | $167.4M | $-308.0K | ||
| Q1 24 | $178.9M | $16.4M |
自由现金流率ASOPSMT
| Q4 25 | -1.0% | 2.4% | ||
| Q3 25 | 1.4% | 1.9% | ||
| Q2 25 | 7.9% | 1.1% | ||
| Q1 25 | 4.6% | 3.9% | ||
| Q4 24 | 2.6% | 0.8% | ||
| Q3 24 | 3.2% | 1.2% | ||
| Q2 24 | 12.3% | -0.0% | ||
| Q1 24 | 10.0% | 1.3% |
资本支出强度ASOPSMT
| Q4 25 | 4.5% | 2.8% | ||
| Q3 25 | 3.5% | 4.2% | ||
| Q2 25 | 3.8% | 2.9% | ||
| Q1 25 | 3.8% | 2.5% | ||
| Q4 24 | 4.6% | 2.2% | ||
| Q3 24 | 2.7% | 2.2% | ||
| Q2 24 | 2.4% | 3.1% | ||
| Q1 24 | 3.1% | 5.4% |
现金转化率ASOPSMT
| Q4 25 | 0.68× | 1.77× | ||
| Q3 25 | 0.63× | 2.60× | ||
| Q2 25 | 3.42× | 1.50× | ||
| Q1 25 | 1.05× | 2.01× | ||
| Q4 24 | 1.47× | 1.03× | ||
| Q3 24 | 0.64× | 1.44× | ||
| Q2 24 | 2.61× | 1.17× | ||
| Q1 24 | 1.40× | 2.20× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ASO
| Outdoors | $445.1M | 32% |
| Apparel | $349.8M | 25% |
| Footwear | $292.4M | 21% |
| Sports And Recreation | $288.7M | 21% |
| Other | $7.6M | 1% |
PSMT
| Fresh Foods | $454.9M | 33% |
| Caribbean Operations Segment | $396.5M | 29% |
| Colombia Operations Segment | $204.1M | 15% |
| Hardlines | $162.6M | 12% |
| Softlines | $99.8M | 7% |
| ship Income Member | $24.5M | 2% |
| Health Services | $14.5M | 1% |
| Other Revenue And Income | $4.2M | 0% |
| United States Operations Segment | $510.0K | 0% |
| Export Sales | $359.0K | 0% |
